SCAM...my buddy fell for it with the regular xbox when it came out, he saw like an add on ebay he had to buy for a dollar, then do all this shit....

He told me you have to sign up for all these offers using your credit card, pay some fees up front..bla bla 3 months later you MIGHT have an xbox...the one he went to said he would get put into a drawing after he did it all

Doesn't look like a scam. Looks alot like the FreePay www.freeipod.com and other sites. I know people that have actually received stuff from these guys...http://www.freepay.com/Default.html
basically you complete an offer and get 3 friends to complete an offer usually a free 30day trial like aol, or blockbuster on line or some other service, and then they mail you the item of your choice. It was on like MSNBC and other news programs awhile back saying it was legit and it works.

Is not a scam, but you do have to sign up for 2 out of the 3 services (I believe) they offer you. One was a credit card, the other Netflix. Dunno what #3 was, but I suppose that they could be rotating them depending on your demographics.